Quote:
Originally Posted by Slava
I’m not sure how you get to that conclusion. Trump isn’t right about anything here, he just has the right of putting tariffs on foreign goods. There’s just nothing the rest of the world can do to stop him. If the original “Liberation Day” tariffs were the end result, it’s just a US decision and everyone else would have to roll along with that.
And to add to this, I’m not sure how US citizens paying more for European goods is a win for them. Trump and his cronies can characterize it that way, and somehow suggest that they’re getting some amazing deal done, but that doesn’t really mean it’s the case.
|
Yeah it seems like so as long as the “deal” you make is in alignment with other countries you aren’t competitively disadvantaged against anyone and the us consumer pays more. The risk would be that the us consumer can then buy an equivalent domestic product cheaper but in many cases that’s not possible.
Still, all countries should be looking very hard to realign trade networks.